Outlook Wealth Advisors LLC reduced its stake in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF – Free Report) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,837 shares of the company’s stock after selling 1,224 shares during the quarter. Outlook Wealth Advisors LLC owned 0.26% of Invesco Dorsey Wright Technology Momentum ETF worth $1,512,000 at the end of the most recent quarter.
Other large investors have also recently modified their holdings of the company. Raymond James & Associates increased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 58.1% in the third quarter. Raymond James & Associates now owns 132,298 shares of the company’s stock worth $8,392,000 after buying an additional 48,643 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 179.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 55,863 shares of the company’s stock worth $3,460,000 after purchasing an additional 35,882 shares during the period. Valley Wealth Managers Inc. boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 60.6% during the 3rd quarter. Valley Wealth Managers Inc. now owns 47,887 shares of the company’s stock valued at $3,037,000 after purchasing an additional 18,074 shares in the last quarter. Theory Financial LLC increased its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 22.3% during the third quarter. Theory Financial LLC now owns 99,014 shares of the company’s stock valued at $6,361,000 after buying an additional 18,063 shares during the period. Finally, Silver Oak Securities Incorporated raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 60.7% in the third quarter. Silver Oak Securities Incorporated now owns 36,441 shares of the company’s stock worth $2,316,000 after buying an additional 13,761 shares in the last quarter.
Invesco Dorsey Wright Technology Momentum ETF Stock Performance
Invesco Dorsey Wright Technology Momentum ETF stock opened at $70.97 on Thursday. Invesco Dorsey Wright Technology Momentum ETF has a fifty-two week low of $47.43 and a fifty-two week high of $80.92. The stock has a market cap of $561.37 million, a price-to-earnings ratio of 12.47 and a beta of 1.23. The stock’s 50 day simple moving average is $74.19 and its two-hundred day simple moving average is $66.44.
Invesco Dorsey Wright Technology Momentum ETF Profile
PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.
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